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Best Buy Consumer Electronics Store Financing Blasted

DJ in Florida says this about HSBC merchant Best Buy Stores, the consumer electronics giant: “Why does Best Buy use the horrific HSBC Nevada Household Finance credit card company to service its credit cards. These people are like mafia loan sharks! There are so many other better companies that could be used. […]

HSBC Best Buy warning for holiday shoppers

KS in Arizona said: “Received a BestBuy credit card sponsored by HSBC. The deal was - deferred interest for 2 years on a $3000 purchase. Payments were made throughout the 2 years paying the card down to $389.00 left in the last month. I paid the $389.00 15 days after due […]

Daughter gets Best Buy debt cancellation anyway, Mom is upset with HSBC

DV in Ohio said: “My daughter bought a laptop from Best Buy with the 2 year no finance charge and got a credit card but she did not sign up for any insurance. When the card came a month later and she called to activate it she repeatedly said no to any other […]

ArtVan and HSBC fine print anger Michigan cardholder

TA in Michigan said: “I purchased items from ArtVan a year ago under a 1 year financing plan. I paid most of it off prior to the deadline. I was short $500 and called to put the remaining balance on my credit card and was stunned to find out that HSBC didn’t accept credit […]

Suprime loan given to prime borrower by HSBC

MR in Arizona said this informative copy of his long letter: September 13, 2008
Arizona Department of Financial Institutions and all in CC list.
2910 North 44th Street, Suite 310
Phoenix, Arizona 85018

RE: Loan number: (redacted) HFC-HSBC
• Predatory Lending Practices
• Misrepresentation of lending […]

About HSBC Finance and Rate Increases

ML in Florida said: “The interest rate on my credit card began at 18.9% and remained at that rate for approximately four years. Then suddenly, without cause, they raised it to 20.9%, and later 24.9%. They continue to refuse to give a valid explanation to why. Then I missed a payment due to […]

HSBC handling of Northern Tool account angers customer

TT in Georgia said: “All started when I signed up for a “Northern Tool” account due to a significant discount on a large purchase. The 1 year same as cash deal was fine and the full payment was received on time.

Later I had to put a small purchase on the charge card since […]

Parent gets mad over son’s HSBC Guitar Center account

BM in Washington said: “My son has an account with Guitar Center. Three payments mailed to GC at the same time as other payments were processed by GC more than 10 days after the others mailed on the same date. We were charged a late fee for those three, although it is […]